February 29, 2016
In New Jersey, a Hudson County Superior Court judge has signed off on Hackensack (N.J.) University Health Network’s acquisition of Palisades Medical Center in North Bergen, N.J., according to a report from The Record.
Here are six things to know about the deal.
1. Once the deal is finalized, Palisades Medical Center will be known as HackensackUMC Palisades.
2. As part of the deal, the Hackensack health network will also acquire a 245-bed long-term care facility from Palisades Medical Center.
3. Robert C. Garrett, CEO of Hackensack University Health Network, said a primary goal of the Palisades Medical Center purchase “is to keep care in New Jersey and closer to home,” according to The Record. He expects more patients to be treated at the North Bergen hospital, which now admits about 11,000 patients annually, as Hackensack health network enhances its services, the report notes.